date:Jul 25, 2014
support stemmed from worries about US soyabean yield prospects. The USDA has forecast the US soyabean yield at a record-high 45.2 bushels per acre, but the crucial period for determining yields is next month.
If the weather turns somewhat adverse, beans have more upside potential than corn. So the specs are willing to buy beans, and to a lesser degree sell corn, said Dan Basse, president of AgResource Co in Chicago. Corn rose early on short-covering and strong export sales. The USDA put weekl